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Grants And Scholarship FAQs

Student Grant Programs

2011

Amount of Aid Available: $35,772,935,000 Amount of Aid Available represents the amount of funds to be awarded to participants in this program. Number of New Awards Anticipated: 9,413,000 Average New Award: $3,800 Range of New Awards: $555–$5,550

2010

Amount of Aid Available: $32,295,226,000 Amount of Aid Available represents the amount of funds to be awarded to participants in this program. Number of New Awards Anticipated: 8,355,000 Average New Award: $3,865 Range of New Awards: $555–$5,550

2009

Amount of Aid Available: $25,328,889,000 Amount of Aid Available represents the amount of funds awarded to participants in the Federal Student Aid programs. Depending upon the program, this total may include federal appropriated dollars, institutional or state matching dollars, and federal or private loan capital. Number of New Awards Anticipated: 7,022,000 Average New Award: $3,611 Range of New Awards: $486–$5,350

2008

Amount of Aid Available: $16,428,110,000 Amount of Aid Available represents the amount of funds awarded to participants in the Federal Student Aid programs. Depending upon the program, this total may include federal appropriated dollars, institutional or state matching dollars, and federal or private loan capital. Number of New Awards Anticipated: 5,578,000 Average New Award: $2,945 Range of New Awards: $400–$4,731

2007

Amount of Aid Available: $13,989,305,000 Amount of Aid Available represents the amount of funds awarded to participants in the Federal Student Aid programs. Depending upon the program, this total may include federal appropriated dollars, institutional or state matching dollars, and federal or private loan capital. Number of New Awards Anticipated: 5,339,000 Average New Award: $2,620 Range of New Awards: $400–$4,310[

Pell Grants Are A Government Grant Program

A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with financial need, who have not earned their first bachelor’s degree, or who are enrolled in certain post-baccalaureate programs, through participating institutions.

It is the most known grant program and provides students of “middle income” homes some money towards college.  Over 5,000 institutions participate in the program.  By why wouldn’t they?  Its free money!

Student grants

Student Grants are grants available to students for paying the cost associated with attending a college or universities.

Grants and scholarships are often called “gift aid” or “free money” because they are free money—financial aid that doesn’t have to be repaid. Grants are often need-based, while scholarships are usually merit-based.

Grants and scholarships can come from the federal government, your state government, your college or career school, or a private or nonprofit organization. Do your research, apply for any grants or scholarships you might be eligible for, and be sure to meet application deadlines!

Grant money is a no lose scenario and the more grant money you are able to collect from multiple sources the less you may have to borrow using student loans.

Popular grant programs include:

Pell Grants which are administered by the federal government.


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